What does Preamble of Small Business Territories Support Act do?

This bill, formally titled 'To amend the Small Business Act to establish an Office of Territorial Affairs, and for other purposes,' aims to amend the Small Business Act. The bill proposes the establishment of an Office of Territorial Affairs.

What does SHORT TITLE. of Small Business Territories Support Act do?

This bill is formally titled the Small Business Territories Support Act.

What does OFFICE OF TERRITORIAL AFFAIRS OF THE SMALL BUSINESS of Small Business Territories Support Act do?

This section amends the Small Business Act to establish an Office of Territorial Affairs within the Small Business Administration (SBA). The Office will focus on fostering working relationships with small business concerns in U.S. territories. The Office's programs will target entrepreneurial development, contracting, disaster assistance, and capital access. An Assistant Administrator, appointed to the competitive service, will lead the Office. The Assistant Administrator must have knowledge of territorial governmental affairs and experience providing tailored small business assistance. The Assistant Administrator's duties include formulating policies, serving as a liaison, reviewing SBA programs, and hosting outreach events. The Assistant Administrator must submit an annual report to the House and Senate Small Business Committees detailing the Office's activities and providing recommendations. The term 'territories' is defined to include Puerto Rico, Guam, American Samoa, the United States Virgin Islands, and the Commonwealth of the Northern Mariana Islands.

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Small Business Territories Support Act

Last updated: 4/27/2026 · Introduced: 4/27/2026

Author: Nydia Velázquez (D-NY)

TL;DR (AI)

This bill establishes an Office of Territorial Affairs within the Small Business Administration to support small businesses in U.S. territories.
The Office of Territorial Affairs will focus on entrepreneurial development, contracting, disaster assistance, and capital access for small businesses in territories.
An Assistant Administrator will lead the Office, reporting annually to Congress on its activities and recommending improvements to SBA programs.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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